How Warren Buffett Changed Investing Forever
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YouTubeBloomberg Originals
How Warren Buffett Changed Investing Forever
Legendary investor Warren Buffett is retiring as Berkshire Hathaway's Chief Executive Officer at the end of the year. He’ll hand the reins to Greg Abel, a longtime energy executive who was widely seen as his likely successor. Abel will take over Berkshire’s $1.2 trillion empire and its powerhouse stock portfolio, including Apple, Coca-Cola ...
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This client cost me $150K right before Christmas. Here’s the business lesson. Restaurant client needed cleaning, painting, minor construction. Did the site visit, started working. First invoice - payment missed. “The investors are sending the money.” Second invoice - payment missed again. Same excuse. But I kept working because other contractors were there, I thought it was legitimate. Then one day - restaurant closed. Food suppliers outside. All unpaid. I lost $150K. Client red flags I missed:
This client cost me $150K right before Christmas. Here’s the business lesson. Restaurant client needed cleaning, painting, minor construction. Did the site visit, started working. First invoice - payment missed. “The investors are sending the money.” Second invoice - payment missed again. Same excuse. But I kept working because other contractors were there, I thought it was legitimate. Then one day - restaurant closed. Food suppliers outside. All unpaid. I lost $150K. Client red flags I missed:
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The most famous sponge in the world sat in a box labeled “SCRAP” for 3 years. 📉📈
The most famous sponge in the world sat in a box labeled “SCRAP” for 3 years. 📉📈
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